CATL Further Increases Capital In Lithium Battery Material Leader Jiangxi Shenghua

Published: Feb 4, 2026 12:04

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On February 3, 2026, Fulin Precision Industrial Co., Ltd. announced that relevant proposals were reviewed and approved at the 31st meeting of the company’s fifth board of directors held on February 2. The company and Contemporary Amperex Technology Co., Limited (CATL) will jointly conduct a capital increase and share expansion for the controlling subsidiary, Jiangxi Shenghua New Materials Co., Ltd. According to the plan, Fulin Precision intends to convert its 500 million yuan debt in Jiangxi Shenghua into additional capital, subscribing to an increased registered capital of 406.504065 million yuan. CATL will increase capital by 747.141913 million yuan in cash, subscribing to an increased registered capital of 607.432450 million yuan.

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